A government report gives a 90% confidence interval for the 2007 median annual household income as $50,233 ± $230. This result was find outd by advanced methods from the Current Population Survey, a multistage random sample of about 50,000 households.
Q:Would the null hypothesis that the 2007 median household income was $50,000 be rejected at the 10% significance level in favor of the two-sided alternative? (Choose the correct answer)
A. There is a need for more data in order to establish an answer.
B. Yes
C. No